San Miguel Corporation (SMC), through its food division San Miguel Foods, has ramped up its local corn purchases, now up 20 percent from September, as part of its commitment to source its raw materials locally. As of now, the company’s total year-to-date corn purchases stand at 524,155 metric...
Diversifying conglomerate San Miguel Corporation (SMC) will install a 200-megawatt solar farm to underpin the energy requirements of its P740-billion Bulacan airport project. The company said it wants that mammoth infrastructure venture to become the showcase of ‘clean energy’ investment...
San Miguel Corporation (SMC) is continuing its efforts to deliver food donations to thousands of families in some 22 provinces and cities ravaged by three sucessive super typhoons, with total donations reaching P15 million to date and rising. “We continue to get appeals for help from so many...
The country’s biggest power generation companies are eyeing to join the competitive selection process (CSP) of Manila Electric Company (Meralco) so they can corner contracts on the utility firm’s future power...
San Miguel Corporation (SMC) has unveiled over the weekend major rail and road networks to be incorporated in its P740-billion Bulacan airport project. “These projects make up the massive infrastructure network that make the airport accessible from Metro Manila and various points of...
San Miguel Corporation (SMC) has opened a first-of-its kind multi-purpose Fishermen’s Dock in Sariaya, Quezon that will provide local fishermen facilities to secure more than 100 boats, particularly during typhoon season. In a statement, SMC said the Sariaya Fisherman’s Dock, a 3.5-hectare...
The power investment unit of San Miguel Corporation (SMC) considerably bucked the odds of electricity demand slump and economic contraction this year, as its three-quarter income climbed by 27-percent to P14.48 billion versus last year’s P11.385 billion in the same period. SMC Global Power...
Diversified conglomerate San Miguel Corporation (SMC) posted a net income of P15 billion for the third quarter of 2020, a full turnaround from the P4.0 billion loss incurred in the first half following the easing of restrictions starting July. Consolidated revenues and operating...
San Miguel Corporation (SMC) reported that it has completed the clearing of the future site of its P740 billion Manila International Airport in Bulacan in preparation for the start of construction activities. In a statement, the firm said the last remaining residents of Barangay Taliptip...
San Miguel Corporation (SMC) is mobilizing its resources to quickly deliver much-needed food relief to the Bicol region and other provinces hit by super typhoon Rolly. SMC president and chief operating officer Ramon S. Ang SMC president and chief operating officer Ramon S. Ang said that the company...
To prop the country’s need for more flexible power capacity, the energy investment arm of San Miguel Corporation (SMC) will be building 2,550 megawatts of power facilities that will be utilizing imported liquefied natural gas (LNG) and...
Diversified conglomerate San Miguel Corporation (SMC) has successfully raised P20.0 billion from its issuance of Series 2-J preferred shares which have been listed at the Philippine Stock Exchange. A total of 266.67 million Series 2-J preferred shares were sold to the retail, institutional and...
